GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Kingza International Co Ltd (ROCO:2751) » Definitions » Accounts Receivable

Kingza International Co (ROCO:2751) Accounts Receivable : NT$111 Mil (As of Jun. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Kingza International Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kingza International Co's accounts receivables for the quarter that ended in Jun. 2024 was NT$111 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kingza International Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 30.13.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kingza International Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was NT$-9.24.


Kingza International Co Accounts Receivable Historical Data

The historical data trend for Kingza International Co's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kingza International Co Accounts Receivable Chart

Kingza International Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 62.53 55.44 71.49 88.41 116.47

Kingza International Co Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.86 88.41 77.00 116.47 111.09

Kingza International Co Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Kingza International Co Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Kingza International Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=111.094/673.008*91
=30.13

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Kingza International Co's accounts receivable are only considered to be worth 75% of book value:

Kingza International Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(125.056+0.75 * 111.094+0.5 * 39.833-385.294
-0-0)/17
=-9.24

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Kingza International Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Kingza International Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Kingza International Co Business Description

Traded in Other Exchanges
N/A
Address
No. 98, Gaotie 9th Road, 3rd Floor, Hsinchu County, Zhubei City, TWN
Kingza International Co Ltd provides catering chain agency. It engages in operating franchise store, chain restaurant system management training, restaurant brand agency, and other services. Its brands include Ginza Katsuko Japanese-style Pork Chop; Duan Chunzhen Beef Noodles, Osaka Osho Dumplings and Kyoto Katsu Beef Japanese-style Fried Steak and many other catering brands.

Kingza International Co Headlines

No Headlines